Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) Short Interest Up 47.7% in October

Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) was the target of a large growth in short interest in October. As of October 15th, there was short interest totalling 48,300 shares, a growth of 47.7% from the September 30th total of 32,700 shares. Based on an average daily volume of 65,400 shares, the days-to-cover ratio is currently 0.7 days.

Hedge Funds Weigh In On Pacer US Large Cap Cash Cows Growth Leaders ETF

An institutional investor recently raised its position in Pacer US Large Cap Cash Cows Growth Leaders ETF stock. Team Financial Group LLC boosted its position in Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) by 3.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 130,738 shares of the company’s stock after acquiring an additional 4,934 shares during the quarter. Pacer US Large Cap Cash Cows Growth Leaders ETF accounts for 2.4% of Team Financial Group LLC’s holdings, making the stock its 11th largest holding. Team Financial Group LLC owned 1.92% of Pacer US Large Cap Cash Cows Growth Leaders ETF worth $3,550,000 at the end of the most recent quarter.

Pacer US Large Cap Cash Cows Growth Leaders ETF Stock Performance

Shares of NASDAQ COWG traded up $0.31 during midday trading on Tuesday, reaching $29.98. The company’s stock had a trading volume of 103,726 shares, compared to its average volume of 54,676. The company has a market cap of $251.83 million, a P/E ratio of 25.31 and a beta of 1.07. Pacer US Large Cap Cash Cows Growth Leaders ETF has a fifty-two week low of $20.37 and a fifty-two week high of $29.98. The business’s 50 day moving average price is $28.43 and its two-hundred day moving average price is $27.06.

Pacer US Large Cap Cash Cows Growth Leaders ETF Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 2nd. Stockholders of record on Thursday, September 26th were issued a dividend of $0.0322 per share. This represents a $0.13 annualized dividend and a dividend yield of 0.43%. The ex-dividend date of this dividend was Thursday, September 26th.

Pacer US Large Cap Cash Cows Growth Leaders ETF Company Profile

The Pacer US Large Cap Cash Cows Growth Leaders ETF (COWG) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks a price momentum-weighted index of 100 large-cap US companies that exhibit the highest growth characteristics. COWG was launched on Dec 21, 2022 and is managed by Pacer.